Rich Dad Poor Dad author Robert Kiyosaki has recommended an investment allocation that he says may help you survive the greatest crash in world history. Noting that financial experts have promoted a 60/40 portfolio allocation of stocks and bonds, he stressed that people with this allocation will be the “biggest losers.”
Robert Kiyosaki’s Recommended Investment Allocation
The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared an investment allocation that he believes will help investors weather the upcoming financial crash, which he has warned will be the worst in world history. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
The famous author wrote on social media platform X Sunday: “Ship of Fools. Forever and ever financial experts have promoted the idea ‘Smart Investors invest in 60/40.’” The common 60/40 portfolio invests 60% in stocks and 40% in bonds. Kiyosaki cautioned: “In 2024, 60/40 investors will be [the] biggest losers.” He proceeded to recommend:
Before going down with the ship, consider a shift to 75% gold, silver, bitcoin [and] 25% real estate/oil stocks. This mix may allow you to survive the greatest crash in world history.
Kiyosaki has been recommending gold, silver, and bitcoin for quite some time. However, this is the first time he shared a specific investment allocation for these assets with his 2.4 million followers on X. Last week, Kiyosaki revealed his investment strategy, noting that he is not trying to invest like Berkshire Hathaway CEO Warren Buffett.
The renowned author has made multiple forecasts related to the prices of bitcoin, gold, and silver. He recently stated that BTC is headed for $135,000 while gold will soon take off. Back in August, he said that in the event of a global economic crisis, bitcoin’s price could surge to $1 million, with gold reaching $75,000, and silver climbing to $60,000. In February, he projected that the price of BTC would reach $500,000 by 2025, while gold could rise to $5,000, and silver might reach $500 within the same timeframe.
Kiyosaki used to be more into real estate. In October of last year, he explained on X that in his 2022 book Capitalist Manifesto, he stated that Marxists “took over the U.S. in the 2020 election,” warning that they would implement policies such as property tax increases and rent controls. In addition, property values would decrease due to rising interest rates. “I recommended investing in gold, silver, and bitcoin,” he concluded at the time.
Last month, the renowned author advised investors to buy bitcoin immediately, noting that he foresees a rush to buy BTC as stock, bond, and real estate markets crash. He additionally expressed his belief in the future of cryptocurrency, asserting that fiat money is toast and describing it as “fake money.” In his view, gold and silver represent “God’s money” while bitcoin is “people’s money.” Besides issuing multiple warnings about the greatest crash in real estate, stocks, and bonds, he also cautioned that the Federal Reserve raising interest rates will crash the U.S. dollar.
What do you think about the investment allocation recommended by Rich Dad Poor Dad author Robert Kiyosaki? Let us know in the comments section below.